Human Resources: Jobfox Expanding Sales and Support Offices to Top 10 U.S. Markets after Record Sales

McLean, Va. (January 8, 2008) – Jobfox, a revolutionary Web site with highly intelligent and effective matching of jobs and candidates, today announced 2008 plans to more than double the company’s U.S. sales and support offices – coast-to-coast – in response to growing demand among job seekers and corporate recruiters. Jobfox (www.jobfox.com) also reported record sales in 2007, a new round of venture capital funding and plans to expand its operations in Australia.

“The rapid growth of Jobfox is due to the tremendous receptiveness from job candidates and corporate recruiters,” said Jobfox CEO Rob McGovern, who is also the founder and former CEO of CareerBuilder. “Jobfox will also continue to accelerate its pace of new innovations that deliver break-through experiences for job seekers and dramatically better return of investment for employers.”

Jobfox, in December, raised $20 million in its third round of financing and closed 2007 with record sales growth. Draper Fisher Jurvetson led the $20 million financing round, which also included Menlo Ventures and New Enterprise Associates (NEA).

Already with sales and support offices serving the metropolitan areas of Atlanta, Boston, San Francisco and Washington, D.C., Jobfox will open new offices in Chicago, Dallas, Houston, Los Angeles, New York and Seattle. With new regional offices in place by the first half of 2008, McLean, Va.-based Jobfox will have a sales and services footprint in each of the nation’s top 10 job markets.

Jobfox will also grow internationally after completing a strategic co-branding alliance with Australia’s Fairfax Digital, a multimedia company that owns the national job board MyCareer. In the agreement, Jobfox’s proven technology will be incorporated into MyCareer in early 2008.

About Draper Fisher Jurvetson

The Draper Fisher Jurvetson Growth Fund invests in market leading revenue-stage technology companies serving very large markets. Draper Fisher Jurvetson is a leading global venture capital firm with over $5.5 billion in capital commitments across a network of partner funds in 33 cities around the world. DFJ’s mission is to identify, serve and provide capital for extraordinary entrepreneurs anywhere who are determined to change the world. Over the past 20 years, DFJ has been proud to back over 500 companies across many sectors including such industry-changing catalysts as Hotmail (acquired by MSFT), Baidu (BIDU), Skype (acquired by EBAY), EnerNOC (ENOC), Focus Media (FMCN), Mobile 365 (acquired by Sybase), xFire (acquired by Viacom), United online (UNTD), Overture (acquired by YHOO), Interwoven (IWOV), Four11 (acquired by YHOO) and Parametric (PMTC). For more information, please visit www.dfjgrowth.com and www.dfj.com.

About Menlo Ventures

Since 1976, Menlo Ventures has helped visionary leaders turn technical innovations into world-class companies. Many of these companies have become leaders in their respective markets, including LSI Logic, UUNET Technologies, Xros, Cyras Systems, Hotmail Corporation, Ascend Communications and Clarify. We currently focus our investments in the areas of communications, software, Internet infrastructure, semiconductors, storage and computer hardware. Menlo Ventures is a dedicated team of investment professionals with a broad range of experience in technology, marketing, sales and general management. We have built a reputation as highly skilled and ethical investors who can help new companies define strategy, recruit the best management talent, forge industry partnerships and corporate alliances and attract investment capital. For more information, visit www.menloventures.com.

About NEA

New Enterprise Associates, Inc. (NEA) is a leading venture capital firm focused on helping entrepreneurs create and build major new enterprises that use technology to improve the way we live, work and play. Since its founding in 1978, the firm has adhered to the same core principles: supporting its entrepreneurs, providing an excellent return to its limited partners and operating in accordance with the highest standards of integrity and respect. NEA focuses on investments at all stages of a company’s development, from seed stage through IPO. With approximately $8.5 billion in capital committed to its affiliated funds, NEA’s experienced management team has invested in more than 550 companies, of which more than 160 have gone public and more than 230 have been acquired. NEA has U.S.-based offices in Baltimore; Chevy Chase, Md.; and Menlo Park, Calif. In addition, New Enterprise Associates (India) Pvt. Ltd. has an office in Bangalore, India, and New Enterprise Associates (Beijing) Ltd. has offices in Beijing and Shanghai, China. For additional information, visit www.nea.com.

About Fairfax Digital

Fairfax Digital is Australia’s leading provider of online news and classifieds. Comprising around 30 interactive sites, which reach over eight million visitors each month, Fairfax Digital provides incisive and constantly updated information on news, finance, business, IT, sport and entertainment. It features the online presence of some of Australia’s most prominent brands such as smh.com.au, theage.com.au, brisbanetimes.com.au, businessday.com.au, InvestSMART, RSVP, Stayz, drive.com.au, domain.com.au and mycareer.com.au. As part of one of the world’s most respected news and information organizations, Fairfax Media Limited, Fairfax Digital draws on the news and information sources of Fairfax to deliver sites and services that are trusted and reliable. For more information, visit www.fairfax.com.au.

About Jobfox

Jobfox is the Web’s first personal-branding site that puts candidates in control of career-advancement opportunities. As a candidate-focused site, where professionals showcase their unique career strengths and goals, Jobfox intelligently matches and alerts professionals – in real time – to new career opportunities from talent-hungry companies. A free Jobfox page is available to professionals to market their unique personal skills, talents, work-styles, career desires and job-change receptivity. Resume Tracker, another free Jobfox service, enables candidates to use their mobile phones to track resume views by employers – from virtually anywhere on the Internet. Instant messaging chat puts candidates in direct contact with prospective employers. Visit www.jobfox.com today.

Jobfox is a trademark of the company. All other company names are trademarks or registered trademarks of the respective companies.